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TransDigm reports strong Q4 results, raises 2025 outlook

EditorRachael Rajan
Published 07/11/2024, 13:38
TDG
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NEW YORK - TransDigm Group (NYSE:TDG) reported fourth-quarter earnings and revenue that beat analyst expectations, while also providing an upbeat forecast for fiscal 2025. However, shares fell 1.46% following the release.

The aircraft components maker posted adjusted earnings per share of $9.83 for Q4, surpassing the analyst estimate of $9.29. Revenue came in at $2.19 billion, topping the consensus forecast of $2.16 billion and rising 18% year-over-year.

"I am very pleased with our team's performance and the overall operating results for the fourth quarter and full year of fiscal 2024," said Kevin Stein, TransDigm's President and CEO.

For fiscal 2025, TransDigm expects adjusted EPS of $35.36-$37.28, above the $33.49 analyst consensus. The company forecasts revenue of $8.75-8.95 billion, also ahead of the $7.93 billion Wall Street was expecting.

TransDigm said it anticipates continued growth across its commercial OEM, commercial aftermarket and defense end markets in fiscal 2025. The company's EBITDA margin expanded to 52.6% in Q4, up from 52% a year ago.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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